US Development Finance Corporation
Coverage of US Development Finance Corporation in the Nexus archive.
- Trump Claims US Can Take ‘Whatever We Want’ from Ukraine Mines
US President Donald Trump claimed the US can access Ukraine's rare earth resources 'at any time' and take 'pretty much whatever we want' under a $300 billion deal. The actual agreement signed in April 2025 establishes a 50/50 revenue-sharing recovery fund managed by the US Development Finance Corporation and Ukraine's PPP Agency.
- US’ aid-for-minerals strategy courts controversy
The US aid-for-minerals strategy under the Trump administration has become controversial, with critics arguing it represents a more explicit articulation of longstanding practice rather than a novel approach. African governments are exercising caution and negotiating power, with Zambia recently opposing US attempts to tie health funding to critical mineral access, while competitors like China offer alternative partnerships.